Anything is possible as long as both parties agrees to the terms upfront, but I can't see Hancock agreeing to an arrangement whereby STX produces the cheapest gas upfront and leaves Hancock carrying all the risks of being short-changed in terms of available gas as well as producing high cost gas due to pressure depletion.
We really just need both parties to agree to proceed with FID based on an agreed development pathway.
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STX Price at posting:
16.3¢ Sentiment: Buy Disclosure: Held
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